David Iola

formerly: @ECEILLINOIS, @primevideo currently: descending down the depths of defi @CMT_Digital

[David Iola @davidiola_]

@anishagnihotri

checkmate

https://t.co/yaaJFsaXRR

- flash loan 28 ETH (AAVE)
- buy MAYC 4107 for 28 ETH
- redeem MAYC land
- sell MAYC 4107 into collection offer of 26.4 ETH

cost: 2.8132 ETH (28 ETH + 9bps FL fee - 26.4 ETH + 4.5% LR sale fee)
reward: 1 MAYC land (~15 ETH)

[David Iola @davidiola_]

@josusanmartin @Bybit_Official in general, the # of profitable “strategies” floating around on this app is directly correlated to the # that focus in depth on the risk management aspect of the trade. so, close to 0

[David Iola @davidiola_]

@TheFlowHorse vol makes the puts much too rich & therefore unattractive. sell calls or outright short the stock paired w/long $COIN or BTC

the current mcap juxtaposition is bringing $COIN top of mind for everyone so simply long $COIN for those worried about getting their face ripped off

[David Iola @davidiola_]

@zephyrmelton welcome

[David Iola @davidiola_]

golf betting in 2024

[David Iola @davidiola_]

@novig_app if only there were signs that this company has no idea what they are doing

[David Iola @davidiola_]

@BigBuckHunterrr the fact that there is more than a shred of doubt as to how to handle this situation from a company that is building a sports betting "exchange"-like platform is very troublesome

study the first principles of your product

https://t.co/ksp8vBR2fI

[David Iola @davidiola_]

@BigBuckHunterrr the fact that there is more than a shred of doubt as to how to handle this situation from a company that is building a sports betting "exchange"-like platform is very troublesome

study the first principles of your product

https://t.co/ksp8vBR2fI

[David Iola @davidiola_]

@Gugabed @mr_peanutbettor do you think the NYSE reverts trades when MM’s place bad quotes? no - the MM takes the PnL loss & improves their systems. no reason why sports betting exchanges should operate any differently

in no way shape or form should the exchange be the arbiter of what is a “valid” quote

[David Iola @davidiola_]

@Gugabed @mr_peanutbettor agreed that MMs need incentives to provide liq to any venue (esp new)

but the incentive can’t be “if you place a bad quote don’t worry we’ll just revert the trade” as that undermines the entire point of a sports betting “exchange” cc: the enraged comments from the original tweet

[David Iola @davidiola_]

@Gugabed @mr_peanutbettor do you think the NYSE reverts trades when MM’s place bad quotes? no - the MM takes the PnL loss & improves their systems. no reason why sports betting exchanges should operate any differently

in no way shape or form should the exchange be the arbiter of what is a “valid” quote

[David Iola @davidiola_]

@mr_peanutbettor it’s pretty simple - the exchange(s) that offer the most markets, have the deepest liquidity & honor the fills that occur on their platform will win

[David Iola @davidiola_]

@gakonst promotion-oriented architecture, at its finest

[David Iola @davidiola_]

@PhilMickelson @TrevorImmelman Here’s a hot take

hot takes on sports from someone who has lost over 9 figures wagering on sports are probably meaningless

[David Iola @davidiola_]

@KirkEvans0 @RufusPeabody @Gelobets @grpwins same model that made OSU -3.5

[David Iola @davidiola_]

@IainMacBets congrats on your manufactured clv on a tiny prop market created by the sheep you led to slaughter. doesn’t change the fact that your original statement was objectively false & a bad reason to bet that number

[David Iola @davidiola_]

@quantian1 “quite literally guaranteed to make money” truly spoken like someone who has never warehoused risk before. i forgot you have endless amounts of capital for when $MSTR melts face to the upside & your short position is growing in multiples

[David Iola @davidiola_]

flaming this kid when he’s on the right track and then proposing the most mid iq pair trade circulating w/massive blowup potential. the irony is palpable

[Quantіan @quantian1]

@drumm_colin @CeccCoal I told him the best play in crypto was to short MSTR and buy BTC futures (1256 contracts!) and he did not seem to appreciate how good this advice was. Truly youth is wasted on the young.

[David Iola @davidiola_]

would you rather make money or be right?

these holier than thou “quant” accounts are a 100% hit rate for not being able to separate their egos from trading

the most opportunity in the world for small traders currently is on chain trading shitcoins whether you like it or not

[Quantіan @quantian1]

@CeccCoal I was asked for crypto meme coin investment advice

[David Iola @davidiola_]

@choffstein and memes shouldn’t trade at $10bil valuations, but i’d rather make money than be right

[David Iola @davidiola_]

@choffstein abstract is built by luca & team as well, pudgy eco will receive another airdrop on launch. distribution breakdown unknown at this point but given how the market is valuing L1s atm wouldn’t be surprised to see mid 5 figs or higher